Iran's Minister of Roads and Urben Development invited the Secretary General of the UN Conference of Trade and Development (UNCTAD) to visit Iran while meeting her in Geneva.

Why it matters:

This visit reflects Iran's efforts to strengthen international relations and economic cooperation with global institutions. Emphasis on sustainable investment and infrastructure development can help improve the country's trade with neighbors and other countries.

 

The big picture:

Iran and UNCTAD have engaged in various cooperative efforts, particularly in trade-related issues. During the visit, Iranian Minister Farzaneh Sadeq noted Iran's status as a founding member of UNCTAD and emphasized the country's active role in the G 77 and China.

 

Key points:

  • Iran and UNCTAD have collaborated to develop a roadmap on trade issues, including WTO accession, services, and investment policy reviews.
  • UNCTAD has partnered with Iran to prepare a Science, Technology, and Innovation Policy (STIP) Review.
  • UNCTAD has supported Iran's efforts to commercialize research and innovation.

 

Go deeper:

Iran’s Minister of Roads Meets IRU Secretary General to Boost Regional Transit Ties

 

Mohammad Kazemi